The Pittsburgh office is ecstatic to announce that Bryan McCann, Willis Croker, and Matt Reder on our Capital Markets team have closed the largest sale of a scattered site portfolio within the greater Pittsburgh area to date!
This expansive portfolio, comprised of 279 turn-key units scattered across a diverse mix of popular and emerging neighborhoods Lawrenceville, East Liberty, Polish Hill, Highland Park, Homestead, and Garfield, contains a variation of multifamily properties, single-family homes, and mixed-use buildings.
“This deal was the most complex transaction we have worked on in brokerage so far,” said Bryan McCann, Senior Vice President of the Capital Markets team. “It highlighted what our team excels at. Complexity does not deter us, it motivates us. We worked with legal counsel, accountants, financial planners, and other advisors to generate an outstanding outcome for our client.”
With a portfolio of this size, Bryan and his team had to creatively structure the deal to appeal to a broader clientele. Recognizing that traditional approaches wouldn’t suffice in capturing the diverse needs of their target market, the Capital Markets team adapted unconventional strategies to ensure the deal would resonate with a wider spectrum of potential investors. The team’s innovation ultimately paid off, securing Pittsburgh’s largest documented portfolio transaction in the region’s history.
Join us in extending a huge congratulations to the Capital Markets Team and all of their efforts!
Colliers' Pittsburgh Office 